The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Wednesday, September 19, 2012

higher t_f

SPY higher time frame has some roll-over potential here after failing to generate momentum today in the 2c-2d criteria.  Often these failures will see price return back to the down trend line on the faster time frame (drawn in fuchsia).  There is still the opportunity for a gap up tomorrow, which could generate some momentum to get over $147.20's.  Howe

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